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Agric fund diversion may attract five-year jail termCBN

Published by Punch on Sun, 21 Nov 2021


The Central Bank of Nigeria has said borrowers who divert the funds provided under the Agricultural Credit Guarantee Scheme may earn a five-year jail term. The CBN said this in a report titled Guidelines for the Agricultural Credit Guarantee Scheme, released on Thursday. Banks should remind prospective borrowers under the scheme that it is an Read More
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